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Trump's financial disclosure lists $1.4 billion in crypto earnings, powered largely by meme coins
By Rob Wile | NBC News at NBC Los Angeles (KNBC)
· July 1, 2026
· 4 min read
President Donald Trump earned more than $635 million from a licensing agreement with a cryptocurrency group specializing in “meme” coins bearing his name last year, an amount that pushed his total crypto holdings past $1 billion, according to a lengthy financial disclosure form he released Tuesda...
Key takeaway Office of Government Ethics in a 927-page document.
Why this matters in The Los Angeles
The revelation of President Trump's substantial crypto earnings, largely driven by meme coins, raises questions about the potential impact on Los Angeles ' growing cryptocurrency sector. As a major hub for tech and finance, Los Angeles is home to numerous cryptocurrency companies and investors who may be influenced by the president's actions and policies. The fact that Trump's financial disclosure form is significantly longer than those of his predecessors suggests a complex web of financial interests that could have far-reaching implications for the local economy. Additionally, the mention of Wyoming as a major crypto hub may prompt Los Angeles to re-examine its own regulations and incentives to remain competitive in the cryptocurrency market. As the city continues to navigate the intersection of technology and finance, it will be crucial to monitor how Trump's crypto dealings affect local businesses and investors.
About this story
Original reporting by NBC Los Angeles (KNBC) . The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NBC Los Angeles (KNBC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 1, 2026 ·
Source: NBC Los Angeles (KNBC) ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? President Donald Trump earned more than $635 million from a licensing agreement with a cryptocurrency group specializing in “meme” coins bearing his name last year, an amount that pushed his total crypto holdings past $1 billion, according to a lengthy financial disclosure form he released Tuesda...
When was this published? This article was first published on July 1, 2026 by NBC Los Angeles (KNBC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Rob Wile | NBC News at NBC Los Angeles (KNBC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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